Quiz 5
Q1. Mr. Smith, CEO of GM, is using a cost benefit analysis DSS. This is most likely helping him improve
a)Efficiency
b)Effectiveness
c)Interoperability
d)ERP
Answer B
Q2.All of the following are common tools used in industry to analyze and develop competitive advantages, except:
A)Five Forces Model
B)Three Generic Strategies
C)Competitive analysis model
D)Value chain analysis
Answer: C
Q3Which of the following forces is commonly reduced through the use of a loyalty program?
A)Buyer power
B)Supplier power
C)Threat of new entrants
D)Rivalry among existing competitors
Answer: A
Q4.Dell computer allows customer to build their own computers on line. Which of the following is Dell is using as its generic strategy?
A)Broad cost leadership
B)Broad differentiation
C)Focused cost leadership
D)Focused differentiation
Answer: A
Q5. What attempts to understand and measure the current process, and make performance improvements accordingly?
A)Customer facing process
B)Business process reengineering
C)Continuous process improvement
D)Business process management
Answer: C
Q6.A product or service that customers have come to expect from an industry, which must be offered by new entrants if they wish to compete and survive, is known as a(n)?
A)switching costs
B)loyalty programs
C)entry barriers
D)affiliate programs
Answer C:
Q7. GM is under pressure from stockholders to cut costs. Billie, the foreman, is pressuring his co-workers to produce 2 more units than before in 1 hour. He is engaging in
a)Efficiency
b)Effectiveness
c)Interoperability
d)ERP
Answer A
Q8.An industry is attractive for suppliers when the rivalry among existing competitors is:
A)More
B)Low
C)High
D)Less
Answer C
Q9. Coca Cola has branches in Denver, Chicago, Miami and New York. Each branch can share processing and application with each other. Coca Cola most likely has a
A)Decentralized infrastructure
B)Centralized infrastructure
C)Distributed infrastructure
D)Client/Server infrastructure
Answer: C
Q10What does the retail grocery industry use to give valued customers special discounts?
A)Value chain
B)Online bill payment
C)Trading stamps
D)Loyalty programs
Answer D
Q11.Coca Cola has branches in Denver, Chicago, Miami and New York. Each branch can share processing and application with each other. Coca Cola has a fully networked architecture of ______connections
A)4
B)8
C)6
D)None of the above
Answer: C
Q12.Which of the following is one of the important characteristics of business processes?
A)The process is cross-departmental
B)The process is based on how work should be done across organizations
C)The process occurs only within organizations
D)The process has internal users only
Answer: A
Q13.A customer goes to supermarket and has many choices for toothpaste, i.e., Crest, Colgate, Tom’s etc. This is an example of:
A)Supplier power is high
B)Threat of new entrant is high
C)Buyer power is high
D)All of the above
Answer C
Q14.Which approach views an organization as a series of process, each of which adds value to the product or service for each customer?
A)Low cost strategy
B)Business process
C)Value chain
D)First-mover advantage
Answer: C
Q15.Wal Mart requiring its supplier to include RFID tags would be an example of:
A)Buyer power
B)Supplier power
C)Threat of new entrants
D)Rivalry among existing competitors
Answer A
Q 16. C & P, a multinational company with head quarters in LA and branches in Sarasota, Paris and Chicago is looking to build a network infrastructure. Bulk of their processing is done at the headquarters in LA. What networktopoly would be most suitable for C &P?
A)Decentralized infrastructure
B)Centralized infrastructure
C)Distributed infrastructure
D)Client/Server infrastructure
Answer: B
Q 17. What is the acquisition and analysis of events and trends in the environment external to an organization?
A)Private exchange
B)First-mover advantage
C)Environmental scanning
D)Loyalty program
Answer: C
Q 18.Which of the following represents supplier power in Porter's Five Forces Model?
A)High when buyers have few choices of whom to buy from and low when their choices are many
B)Low when buyers have few choices of whom to buy from and high when their choices are many
C)High when buyers have many choices of whom to buy from and low when their choices are few
D)None of the above
Answer: A
Q 19. P & G has recently developed a 2-tiered architecture that requires a web server to process all web requests. This architecture parallels a
A)Decentralized infrastructure
B)Centralized infrastructure
C)Distributed infrastructure
D)Client/Server infrastructure
Answer: D
Q20.If the suppliers in a particular industry hold a lot of the power, the industry is:
A)Saturated with alternative products or services
B)Using information technology to gain a competitive advantage
C)More attractive to enter
D)None of the above
Answer D
Q21.If the threat of substitute products or services is low it is a(n):
A)Disadvantage to the supplier
B)Advantage to the buyer
C)Advantage to the supplier
D)None of the above
Answer: C
Q22. if a system is down 2% of time, we are measuring system’s
A)Accuracy
B)system availability
C)response time
D)throughput
Answer : B
Q23. You are accessing your e-mail using UB’s computer from home through internet explorer, this is most likely an example of
A)A 1-tier infrastructure
B)A 2-tier infrastructure
C)A 3-tier infrastructure
D)An n-tier infrastructure
Answer: C
Q24. What does Porter's five forces model determine?
A)The relative attractiveness of an industry
B)The competitive advantage of a competitor
C)The distribution chain of a competitor
D)The relative attractiveness of another business
Answer: A
Q25. CircuitCity recently declared bankruptcy and went out of business. This would, typically,
A)increase Buyer’s power
B)increase Supplier’s power
C)make it easy for others to enter the electronic market
D)None of the above
Answer: B